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The Latest Breaking News from Fortune

The economist who predicted that A.I. would replace half of all US jobs now says ChatGPT is the equivalent of Uber disrupting the taxi market—and it could lead to lower wages

If ChatGPT is successful in creating competition like Uber did, it could drive wages down, according to Oxford economist Carl Frey.

Fortune

51% of women experience racism at work as employers experience 'not here' syndrome

A new study shows how various aspects of women's identities subject them to racism at work.

Fortune

Anthony Scaramucci says his experience with FTX and its ‘sociopathic’ founder Sam Bankman-Fried was ‘extremely disappointing.’ So why is he investing in a company run by a former executive of the imploded exchange?

Scaramucci accused the FTX founder Sam Bankman-Fried of intentionally duping many people, but said he had faith in former FTX exec Brett Harrison.

Fortune

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Cold showers are the hot new thing and research suggests that health benefits outweigh the discomfort

It's time to turn the temperature down to help clear your mind.

Fortune

EY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project

Restrictive policies have supplanted COVID-19-related issues as the key reason for altering international investment plans, according to EY's research.

Fortune

An ex-Twitter employee says the company’s mission to make people's lives better 'went to garbage' after Elon Musk took over

A former Twitter manager is among the many employees taking legal action against the social media company for alleged fraud and breach of contract.

Fortune

Genesis, DCG reach initial deal with main creditors

The creditors who came to terms with the lending arm of Genesis and DCG are owed approximately $2.4 billion out of the total $3.4 billion the company reportedly owes.

Fortune

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Yuga Labs settles with a developer of copycat Bored Ape collection

The developer, Thomas Lehman, was listed as the recipient of 15% of the projects earnings in its smart contract, according to a Yuga Labs spokesperson.

Fortune

Blockchain analyst firm Elementus is now worth $160M

The funding announcement reflects continuing investor interest in blockchain infrastructure and data analytics companies, even amid a Crypto Winter.

Fortune

Binance suspends bank transfers of U.S. dollars

The world’s biggest crypto exchange says only 0.01% of customers will be affected.

Fortune

Dell cuts 6,650 jobs to deal with plunging PC demand

Despite losing 5% of its global workforce, Dell's co-chief operating officer is determined the business will "emerge stronger".

Fortune

Up to 1 in 4 pregnancies end in miscarriage. Here’s why many American women can no longer receive the vital care that I needed after mine

Standard miscarriage treatments are now limited in many parts of the U.S. due to abortion bans following the decision to overturn Roe v. Wade.

Fortune

Giannis Antetokounmpo of the Milwaukee Bucks aims to level the playing field in ESG investing

The NBA star is launching a new venture with John Koudounis, president and CEO of Calamos Investments.

Fortune

How to negotiate a better deal with homebuilders

A historic backlog combined with spiked cancellation rates means buyers finally have some negotiating power over builders.

Fortune

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Fortune

They shared their layoff heartbreak on LinkedIn. Then it went viral.

Laid-off workers take us inside the pseudo-confessional world of the LinkedIn Layoff post: "It’s cringe, but it’s effective."

Fortune

It's not just you. Our friendships really are worse now—and it's getting harder to make new ones

After years of isolation and working from home, everyone's trying to reenter society and connect with friends and coworkers. Why is it so difficult?

Fortune

Eat like the longest living people in the world with these 5 'blue zone' foods

Blue zone's expert Dan Buettner says eating beans every day can extend your life.

Fortune

Google is investing $300M in an OpenAI challenger that will take on ChatGPT while focusing on A.I. safety

Anthropic emphasizes A.I. safety and includes leaders who left OpenAI over worries it was prioritizing business concerns.

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news in one place.

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Fortune

CoreLogic updates its home price risk assessment for 392 U.S. housing markets

The big question heading forward is will the home price correction soon fizzle out or carry on?

Fortune

One of the NBA's biggest stars grew up with parents 'scared to trust people with their money.' Now, he's dedicated to make others feel safe investing

Milwaukee Bucks' Giannis Antetokounmpo and John Koudounis, CEO of Calamos Investments, are rolling out a plan to make ESG investing accessible to all.

Fortune

Tech CEO Bryan Johnson is spending millions to be 18 again, but a longevity expert says his ‘heroic discipline’ is unsustainable

Longevity expert and founder of the Blue Zones, Dan Buettner, says social connectivity is the key to longevity.

Fortune

The stratospheric rise of Elon Musk’s SpaceX's masks growing turbulence for space startups: 'We’re going to see some of that get wiped out'

As Musk's SpaceX soars to new heights this year, space startups may struggle to keep the lights on.

Fortune

Cancer vaccines are already a reality—but your doctor might not tell you about them unless you ask

“Patients need to advocate for themselves."

Fortune

Why Reels is Mark Zuckerberg's biggest math problem

This is happening as the company announced short-form video from viral creators as a key part of its growth.

Fortune

Employers are suffering from ‘pandemic paranoia’ and they’re scared to let go of workers, according to a global staffing firm

“Pandemic paranoia has set in with employers who remember how hard it was to bring back workers,” Becky Frankiewicz, president of ManpowerGroup, says.

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